Best Cannabis Stocks To Watch Now - March 10th

Seeking Stability? These 3 Stocks Offer Strong PotentialTilray, Turning Point Brands, and Innovative Industrial Properties are the three Cannabis stocks to watch today, according to MarketBeat's stock screener tool. Cannabis stocks are shares of publicly traded companies involved in the cultivation, production, distribution, or sale of cannabis products, including both medicinal and recreational varieties. Due to the evolving legal and regulatory landscapes, these stocks can exhibit higher volatility and risk while also offering unique growth opportunities in an emerging market. These companies had the highest dollar trading volume of any Cannabis stocks within the last several days.Tilray (TLRY)Tilray, Inc. engages in the research, cultivation, processing, and distribution of medical cannabis. The company offers its products in Argentina, Australia, Canada, Chile, Croatia, Cyprus, the Czech Republic, Germany, New Zealand, and South Africa. Tilray, Inc. is headquartered in Canada.Cannabis Stocks: Game-Changing Catalyst for the Sector?Shares of TLRY traded down $0.02 on Monday, reaching $0.67. The company's stock had a trading volume of 9,505,334 shares, compared to its average volume of 44,795,598. The firm has a fifty day moving average of $1.05 and a 200-day moving average of $1.38. Tilray has a twelve month low of $0.64 and a twelve month high of $2.97. The stock has a market capitalization of $630.10 million, a PE ratio of -2.24 and a beta of 2.13. The company has a current ratio of 2.54, a quick ratio of 1.58 and a debt-to-equity ratio of 0.10. Read Our Latest Research Report on TLRYTurning Point Brands (TPB)Tilray’s Q3 Earnings Reveal Growth Despite ChallengesTurning Point Brands, Inc., together with its subsidiaries, manufactures, markets, and distributes branded consumer products. The company operates through three segments: Zig-Zag Products, Stoker's Products, and Creative Distribution Solutions. Zig-Zag Products segment markets and distributes rolling papers, tubes, finished cigars, make-your-own cigar wraps, and related products, as well as lighters and other accessories under the Zig-Zag brand.Shares of TPB traded down $2.24 on Monday, reaching $59.04. 103,526 shares of the company's stock traded hands, compared to its average volume of 225,517. The stock has a market cap of $1.04 billion, a PE ratio of 23.43 and a beta of 0.75. Turning Point Brands has a 52-week low of $26.35 and a 52-week high of $72.54. The company has a current ratio of 4.21, a quick ratio of 1.78 and a debt-to-equity ratio of 1.33. The stock's 50 day simple moving average is $62.90 and its two-hundred day simple moving average is $54.13. Read Our Latest Research Report on TPBInnovative Industrial Properties (IIPR)Innovative Industrial Properties stock traded up $0.12 during mid-day trading on Monday, reaching $73.35. The company's stock had a trading volume of 73,333 shares, compared to its average volume of 296,645. The company has a debt-to-equity ratio of 0.16, a quick ratio of 11.53 and a current ratio of 14.32. Innovative Industrial Properties has a 12-month low of $62.45 and a 12-month high of $138.35. The company has a market capitalization of $2.08 billion, a P/E ratio of 13.26 and a beta of 1.49. The firm's fifty day moving average price is $70.25 and its two-hundred day moving average price is $101.07. Read Our Latest Research Report on IIPRFeatured ArticlesMarketBeat's Top Five Stocks to Own in March 20253 Tech Stocks Defying Sector Weakness and Thriving in 2025Despite Challenges Novo Nordisk Plans to Crush GLP-1 CompetitorsEnergy and Basic Materials Sectors Will Dominate in 2025S&P 500 & Nasdaq Hit Critical Support—Will Stocks Hold or Fall?Silver Pushes Past Gold This Year, These Stocks Will CapitalizeThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Tilray Right Now?Before you consider Tilray, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Tilray wasn't on the list.While Tilray currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here